
A subsidiary of the USDC stablecoin co-issuer, Circle, is announced on the appointment of a former chairman CFTC Heath Tarbert as General Counsel.
He will also join the executive management team and will head corporate relations from July 1.
“As we continue to build a bridge between traditional finance and Web3, Heath’s perspective, legal acumen and global regulatory experience will help us add value to USDC globally,” said Jeremy Allair, co-founder and CEO of Circle.
Tarbert joined the CFTC in 2019. Under his leadership, the agency approved the definition of the delivery of cryptocurrency to the buyer, announced a competition for the creation of tools to track unregistered derivatives offers, and also announced the development of comprehensive regulation of digital assets.
In 2019, an official said that cryptocurrencies do not threaten the financial system, unlike the global stablecoin. Later, he called for speeding up the legalization of cryptocurrencies, and in matters of regulation to be guided by broader principles.
Recall that in June 2023, Circle became the owner of the license MPI from the Monetary Authority of Singapore.
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A subsidiary of the USDC stablecoin co-issuer, Circle, is announced on the appointment of a former chairman CFTC Heath Tarbert as General Counsel.
He will also join the executive management team and will head corporate relations from July 1.
“As we continue to build a bridge between traditional finance and Web3, Heath’s perspective, legal acumen and global regulatory experience will help us add value to USDC globally,” said Jeremy Allair, co-founder and CEO of Circle.
Tarbert joined the CFTC in 2019. Under his leadership, the agency approved the definition of the delivery of cryptocurrency to the buyer, announced a competition for the creation of tools to track unregistered derivatives offers, and also announced the development of comprehensive regulation of digital assets.
In 2019, an official said that cryptocurrencies do not threaten the financial system, unlike the global stablecoin. Later, he called for speeding up the legalization of cryptocurrencies, and in matters of regulation to be guided by broader principles.
Recall that in June 2023, Circle became the owner of the license MPI from the Monetary Authority of Singapore.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!